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Trump Nominates Jonathan McKernan to Become CFPB Director

Trump Nominates Jonathan McKernan to Become CFPB Director

by Phil Hall | Feb 12, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

President Trump has nominated Jonathan McKernan to become director of the Consumer Financial Protection Bureau (CFPB). McKernan stepped down from the board of directors of the Federal Deposit Insurance Corporation to be considered for the CFPB directorship. McKernan...
Union Sues to Halt DOGE Access and Work Stoppage at CFPB

Union Sues to Halt DOGE Access and Work Stoppage at CFPB

by Phil Hall | Feb 10, 2025 | Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

A labor union representing workers in the Consumer Financial Protection Bureau (CFPB) has filed two lawsuits against Acting Director Russ Vought’s efforts to stop work at the regulatory agency. Axios reports the National Treasury Employees Union (NTEU) filed its...
CFPB’s Vought Stops Fed Funding for Agency, Closes Agency HQ for the Week

CFPB’s Vought Stops Fed Funding for Agency, Closes Agency HQ for the Week

by Phil Hall | Feb 10, 2025 | Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

Russ Vought, the new acting director of the Consumer Financial Protection Bureau (CFPB), has informed the Federal Reserve it will not be requesting funds to finance its operations for Fiscal Year 2025 while informing the agency’s workforce that its headquarters will...
OMB Director Vought Takes Over as CFPB Acting Director

OMB Director Vought Takes Over as CFPB Acting Director

by Phil Hall | Feb 8, 2025 | Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

The Consumer Financial Protection Bureau (CFPB) has another new leader with the appointment of Russell Vought, the newly sworn-in director of the White House’s Office of Management and Budget (OMB), taking over the agency as acting director. The Wall Street Journal,...
Hits and Misses for the Real Estate Week of Feb. 3-7

Hits and Misses for the Real Estate Week of Feb. 3-7

by Phil Hall | Feb 7, 2025 | Hits and Misses, Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

New leadership at federal agencies, a possible cause for some of the Los Angeles wildfires, and new HGTV shows that don’t seem very new. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Feb. 3-7. Hit: The Right Man for the...
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